Senior Manager: Funding and Liquidity Risk Management - African Region

Empowering Africa’s tomorrow, together…one story at a time.

Job Summary

The Senior Manager of Funding and Liquidity Risk Management (FLM) is a critical role of the Africa Regions (AR) Treasury team, reporting to the AR Treasurer, and is responsible for FLM in AR which spans 10 subsidiaries in 9 markets across Africa.
The incumbent will lead the Funding & Liquidity Risk Management function, ensuring the AR banks maintains a robust and resilient liquidity profile across business cycles and stress scenarios.
support the execution of the Africa Regions Balance sheet and Funding and Liquidity risk management strategy by overseeing the FLM teams in each Country and supporting on the leadership and inputs required by Country ALCOs relating to FLM, and ensuring the following is robustly managed:
• effective balance sheet utilisation,
• cost efficient funding raise in local currency and foreign currency,
• ensuring compliance with regulatory and Board liquidity risk limits and management indicators.
• ILAAP review, challenge and submission to local or SA regulators
• ensuring effective delivery against AR and AR Treasury strategic objectives.
• provides effective challenge to funding strategy, balance‑sheet optimization, and contingency preparedness.
In addition, the Senior Manager of FLM will also work closely with the AR BA610 Regulatory reporting lead for Liquidity risk ensuring accurate and timely reporting to internal governance forums; Country ALCOs and the Regulator.
The Senior Manager of FLM will also collaborate with Finance, Treasury and Risk teams at Cenre and in-Country as required, and be responsible for assessing liquidity risk and adequacy at a legal entity level, delivering robust and effective Management Information reporting to the AR Treasury Committee and in-country ALCO

Job Description

Funding Strategy and Liquidity Risk Management

• Provide independent oversight and effective review and challenge to Treasury’s funding strategy, balance sheet shape efficiency, issuance plans, FTP design, and funding raising activities in countries.

• Provide financial leadership, analytical insight, and business partnering that drives effective cost of funding, robust liquidity risk management through stress testing

• Ensure proactive guidance of market conditions and impacts on the liquidity strength of the AR banks is communicated to the AR Treasurer and Country ALCOs in a timely manner

• Enable disciplined financial decision-making through insight-led business cases, pricing recommendations, and performance analysis.

Liquidity Risk Measurement, Monitoring & Reporting

• Own independent measurement and monitoring of LCR, NSFR, survival horizons, stress liquidity coverage, cashflow mismatches, liquidity buffers, and concentration risk (funding sources, investors, currencies, tenors)

• Ensure compliance with Board and Regulatory limits and management triggers, proactively addressing potential risks to  compliance and guiding the Country Treasury and Business teams on the actions required to manage risk positions

• Deliver timely, accurate MI and regulatory reporting to ALCO, Risk Committees, Board Risk Committee; escalate breaches and emerging risks

• Lead the development and delivery of effective Management Information for AR Treasury that provides the appropriate insight to balance sheet movements, performance to plans and key risks that need to be managed for the AR Business Units

• Support in-country ALCOs with the appropriate management information and guidance on capital management options to improve Entity, BU and Group returns

Strategic Forecasting, Stress testing  & Contingency Planning

• Lead the review with the Country FLM leads on their funding positions and plans, providing views liquidity risk and potential performance opportunities

• Support the delivery of BU level funding plans through the Group’s strategic planning cycles (MTP, STP, RAF), ensuring plans are effective, compliant and aligned to the Treasury Balance Sheets and PnL monitored in Treasury

• Support a culture of accountability through monitoring and reporting funding and liquidity risk allocation against Business committed plans

• Design and run idiosyncratic, market‑wide, and combined stress tests; calibrate name‑specific and systemic scenarios; translate macro assumptions to liquidity drivers.

• Review Country Contingency Funding Plan (CFP) and Recovery & Resolution (RRP) / solvent wind‑down liquidity playbooks; periodically test triggers and drill execution readiness.

• Partner with Capital and FTP teams on balance sheet strategy, including MREL/TLAC needs (if applicable), issuance windows, and investor diversification
  

Liquidity Risk Modelling, Analytics and Business Partnering

• Deliver actionable analytics that inform balance sheet and financial resource tilt

• Consolidate and interpret performance data across products, customer segments, and business units to guide commercial strategy

• Maintain oversight of Liquidity-related risks, including pricing policy exceptions, and financial resource consumption risks.

• Oversee liquidity risk models (run‑off, stress outflows/inflows, sticky deposits), including validation and back‑testing, in partnership with the AR Liquidity Risk reporting lead

• Partner with Tech/Data to enhance reporting and the production of Management Information

Leadership & Stakeholder Management

• Build and lead a high‑performing team in Countries working with the Coutnry Treasurers (hiring, coaching, succession).

• Serve as subject matter expert to Countries for liquidity risk topics, ensuring timely remediation of findings and audit issues.

• Prepare and deliver clear narratives to senior management and the Board; influence strategy with data‑driven insights

Competencies

• Funding and Liquidity Risk mangement subject-matter- expertise in large commercial banking groups

• Regulatory liquidity risk subject-matter expertise with technical mastery of LCR and NSFR and deep experience of driving effective balance sheet/ funding  allocation and growth strategies

• Sound Investor expertise

• Hands‑on experience engaging with prudential regulators and external auditors

• Strong data and modelling literacy (Excel, Power BI, Financial reporting systems)

• Banking regulation (Expert)

• Writing & reporting (Advanced)

• Presentation skills (Advanced)

• Understanding of systems used (Advanced)

• Excellent planning and organisational skills (Advanced)

• Excellent communication skills (Advanced)

• Relationship management and networking (Advanced)

• Strong performance management and coaching skills (Advanced)

• Ability to think creatively (Advanced)

• Ability to react positively under pressure (Advanced)

• Good understanding of the policies and strategies (Advanced)

• Understanding of Banking operating structures (Advanced)

• Change management (Advanced)

Education And Experience Required

• Minimum B-degree (NQF level no.7)

• 5+ years professional financial management experience

• Preferred team lead in a Treasury or Business Function teams or in professional environments

• Experienced in Senior Management and Committee management

• Broad Finance including strategic, commercial, legal, risk and operational aspects

• Ability to build, develop & lead professional level teams

• Understanding of the financial services sector within a professional business environment

• Knowledge of people change management

Education

Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised